Written by students who passed Immediately available after payment Read online or as PDF Wrong document? Swap it for free 4.6 TrustPilot
logo-home
Document preview thumbnail
Preview 4 out of 216 pages
Exam (elaborations)

Solutions Manual – Construction Accounting and Financial Management, 4th Edition – Steven J. Peterson – ISBN 9780135232873 (Full Chapters 1–18 Covered)

Document preview thumbnail
Preview 4 out of 216 pages

Master the specialized financial requirements of the building industry with this complete and comprehensive Solutions Manual for Construction Accounting and Financial Management, 4th Edition by Steven J. Peterson (ISBN 9780135232873). This professional study resource provides verified, step-by-step mathematical answers and detailed analytical work for all end-of-chapter exercises and problems across the entire construction finance curriculum, providing exhaustive coverage for Chapter 1: Construction financial management, Chapter 2: Construction accounting systems, Chapter 3: Accounting transactions, Chapter 4: More construction accounting, Chapter 5: Depreciation, Chapter 6: Analysis of financial statements, Chapter 7: Managing costs, Chapter 8: Determining labor burden, Chapter 9: Managing general overhead costs, Chapter 10: Setting profit margins for bidding, Chapter 11: Profit center analysis, Chapter 12: Cash flows for construction projects, Chapter 13: Projecting income taxes, Chapter 14: Cash flows for construction companies, Chapter 15: Time value of money, Chapter 16: Financing a company's financial needs, Chapter 17: Tools for making financial decisions, and Chapter 18: Income taxes and financial decisions.

Content preview

Edrftgyihu jiuh
TU S
Construction Accounting
and Financial Management,
VI U

4th Edition
T
A_V

SOLUTIONS
MIA


MANUAL
E_DA
CPO

Steven J. Peterson
PNR

Comprehensive Solutions Manual for Instructors
and Students
NOO

(Full Chapters 1–18 Covered)
||| ||| || ||| || | || ||| | || ||| |
VIESS

9780135232873

© Steven J. Peterson. All rights reserved. Reproduction or distribution
DE?U

without permission is prohibited.
R?


© MEDGEEK

,TU S
TABLE OF CONTENTS

Solutions Manual – Construction Accounting and Financial Management (4th Edition)
Author: Steven J. Peterson
ISBN: 9780135232873
VI U
PART I: CONSTRUCTION ACCOUNTING
T
Chapter 1: Construction Financial Management
A_V
Chapter 2: Construction Accounting Systems
Chapter 3: Accounting Transactions
Chapter 4: More Construction Accounting
Chapter 5: Depreciation
Chapter 6: Analysis of Financial Statements
MIA
PART II: COST MANAGEMENT

Chapter 7: Managing Costs
E_DA
Chapter 8: Determining Labor Burden
Chapter 9: Managing General Overhead Costs
Chapter 10: Setting Profit Margins for Bidding
Chapter 11: Profit Center Analysis
CPO
PART III: CASH FLOW AND TAXES

Chapter 12: Cash Flows for Construction Projects
Chapter 13: Projecting Income Taxes
PNR
Chapter 14: Cash Flows for Construction Companies

PART IV: FINANCIAL MANAGEMENT AND DECISION MAKING
NOO
Chapter 15: Time Value of Money
Chapter 16: Financing a Company's Financial Needs
Chapter 17: Tools for Making Financial Decisions
Chapter 18: Income Taxes and Financial Decisions
VIESS
DE?U
R?

,TU S
Chapter 1: Construction Financial Management
J J J J




LearningJObjectives
VI U
AtJtheJcompletionJofJthisJchapterJtheJstudentJshouldJbeJableJto:
 ExplainJwhyJfinancialJmanagementJisJsoJimportantJtoJaJconstructionJcompany.
T
 ExplainJwhyJfinancialJmanagementJ isJdifferentJforJconstructionJcompaniesJthanJforJ
A_V
mostJotherJindustries.
 UnderstandJthatJallJmanagerialJemployeesJfromJtheJownerJtoJtheJcrewJforeperso
nJplayJaJroleJinJfinancialJmanagementJofJaJconstructionJcompany.
MIA
InstructionalJHints
 CompareJaJconstructionJcompanyJtoJaJmanufacturingJplant.JEmphasizeJtheJdiffe
rencesJbetweenJaJconstructionJcompanyJandJaJmanufacturingJplant,Jparticularly
E_DA
:JconstructionJcompaniesJbuildJuniqueJproductsJandJtheJequipmentJisJnotJusuallyJ
stationaryJatJsingleJlocation.JTheseJareJtheJreasonsJaJconstructionJcompanyJnee
dsJaJjobJcostJsystemJandJanJequipmentJcostJsystem.
CPO
Activities
 InviteJaJfinancialJmanagerJ(forJexample,JanJaccountantJorJgeneralJmanager)JfromJaJ
constructionJcompanyJtoJyourJclassJtoJdiscussJtheirJroleJasJaJ financialJmanager.
PNR
 HaveJeachJstudentJinterviewJaJmanagementJemployeeJforJaJconstructionJcompany
.JTheJinterviewsJshouldJincludeJowners,JprojectJmanagers,Jsuperintendents,JandJfo
repersons.JEachJstudentJisJtoJfindJoutJhowJtheJemployeeJcontributesJtoJtheJfinanci
NOO
alJmanagementJofJtheJcompany.JDiscussJtheirJ findingsJinJclass.


InstructionJResources
VIESS
 TheJfiguresJfromJthisJchapterJinJelectronicJformatJandJPowerPointJslidesJcanJbeJf
oundJatJtheJinstructor’sJwebsite.
 DataJonJconstructionJfailuresJcanJbeJobtainedJfromJtheJ SuretyJInformationJOfficeJ(
www.sio.org).
DE?U
 CurrentJdataJonJconstructionJcompanyJfailuresJcanJbeJfoundJatJhttp://www.censu
s.gov/ces/dataproducts/bds/data_firm.html.JTheJmostJusefulJdataJcomesJfromJre
portsJthatJincludeJtheJsectorJ(e.g.,JSector,JFirmJAgeJbyJSector,JandJFirmJSizeJbyJSect
or)JbecauseJconstructionJcanJbeJseparatedJfromJotherJindustries.
R?

,TU S
SolutionsJtoJtheJTextbookJProblems
1. TheyJare:J1)JineffectiveJfinancialJmanagementJsystems,J2)JbankJlineJofJcreditsJc
onstantlyJborrowedJtoJtheJlimits,J3)JpoorJestimatingJand/orJjobJcostJreporting,
4)JpoorJprojectJmanagement,JandJ5)JnoJcomprehensiveJbusinessJplan.
VI U
2. AnyoneJwhoJcontrolsJfinancialJresourcesJ(cash,Jmaterials,Jlabor,JandJequipment)Jincl
uding:Jowners,JgeneralJmanagers,JprojectJmanagers,Jestimators,Jsuperintendents,Ja
T
ndJcrewJ forepersons.
A_V
3. TheJwayJconstructionJcompaniesJdoJbusinessJisJveryJdifferentJthanJmostJcompanies.JT
heJreasonsJforJthisJinclude:J1)JforJmanyJconstructionJcompanies,JtheirJentireJproductJc
onsistsJofJoneJofJaJkindJconstructionJprojects;J2)JtheirJprojectsJoccursJatJdifferentJlocat
ionsJeachJtime;J3)JtheyJreceiveJprogressJpaymentsJfromJwhichJretentionJisJwithheld;Ja
ndJ4)JtheyJrelyJheavilyJonJsubcontractorsJtoJperformJtheJwork.
MIA
4. AccountingJforJfinancialJresourcesJinclude:J1)JtrackingJprojectJandJgeneralJoverheadJc
osts,J2)JensuringJthatJaJproperJconstructionJaccountingJsystemJhasJbeenJsetJupJandJisJo
peratingJproperly,J3)JtrackingJcommittedJcostsJandJprojectingJtheJprojectJcostsJatJco
E_DA
mpletion,J4)JcalculatingJunderJandJoverJbillings,J5)JpreparingJfinancialJstatements,Jand
J6)JmanagingJtheJcompany’sJfinancesJsoJthatJtheJfinancialJratiosJareJinJlineJwithJtheJre

stJofJtheJ industry.
5. ManagingJcostsJandJprofitsJinclude:J1)JcontrollingJprojectJcosts,J2)JmonitoringJandJpr
ojectingJprofitability,J3)JsettingJandJmanagingJlaborJburdenJmarkups,J4)JmanagingJov
CPO
erhead,J5)JsettingJprofitJmargins,JandJ6)JmonitorJtheJprofitabilityJofJindividualJcusto
mers.
6. ManagingJcashJflowsJinclude:J1)JmatchingJtheJuseJofJsubcontractorJandJin-
houseJlaborJtoJavailableJcash,J2)JmakingJsureJthatJsufficientJcashJisJavailableJtoJtak
PNR
eJonJadditionalJprojects,J3)JpreparingJincomeJtaxJprojections,J4)JpreparingJannualJ
cashJflowJprojections,JandJ5)JarrangingJforJfinancing.
7. ConstructionJmanagersJmustJselectJwhereJtoJinvestJtheJcompany’sJresourcesJan
NOO
dJselectJtheJmostJ economicalJconstructionJequipmentJtoJuse.
8. TheJanswerJtoJthisJquestionJwillJvaryJfromJstudentJtoJstudent.
VIESS
DE?U
R?

Connected book
 image
Edition: 2019 ISBN: 9780135232873 Edition: Unknown

Document information

Uploaded on
March 14, 2026
Number of pages
216
Written in
2025/2026
Type
Exam (elaborations)
Contains
Questions & answers
$19.99

Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
MedConnoisseur
3.9
(202)
Sold
2786
Followers
1740
Items
2943
Last sold
6 hours ago


Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Working on your references?

Frequently asked questions